Caterpillar has unveiled plans to open a parts distribution centre in Dubai for Caterpillar Logistics Services (Cat Logistics).
Construction
Qatar football projects will bring regional benefits
Qatars successful bid to host the Fifa World Cup in 2022 is set to launch a construction boom involving investments by Doha worth between US$60 billion and US$72.5 billion, according to some estimates.
Saudi building sector to rebound
The value of construction projects in Saudi Arabia is expected to jump to about 322 billion Saudi riyals (Dh315.38 billion) next year from 260 billion riyals in the current year, Jeddah-based Okaz Daily reported recently citing an executive.
Saudi White Cement Co boosts output in deal worth US$40.7mn
Saudi White Cement Co. (SWC) signed a US$40.7mn contract with Frances Fives FCB as part of the companys plans to expand daily production capacity to 1,000 tonnes from the current capacity of 700 tonnes, reported Saudi-based Al Riyadh.
Spanish company awarded contract in Saudi
Spanish Group Telvent won a contract from Saudi Oger to implement its traffic management solution on King Abdullah Road, the 6-km highway in Riyadh, reported Trade Arabia.